KPIT Technologies Q1 Results Live : profit rise by 52.36% YOY
KPIT Technologies Q1 Results Live : Revenue increased by 24.33% YoY & profit increased by 52.36% YoY
KPIT Technologies Q1 Results Live : KPIT Technologies declared their Q1 results on 24 Jul, 2024, with the topline increasing by 24.33% and the profit increasing by 52.36% YoY.
In comparison to the previous quarter, the revenue grew by 3.55% and the profit increased by 24.22%.
The Selling, general & administrative expenses rose by 4.99% q-o-q and increased by 22.54% Y-o-Y.
The operating income was up by 25.02% q-o-q and increased by 63.04% Y-o-Y.
The EPS for Q1 is ₹6.4, which increased by 30.35% Y-o-Y.
KPIT Technologies has delivered -0.79% return in the last 1 week, 23.05% return in the last 6 months, and 22.46% YTD return.
Currently, KPIT Technologies has a market cap of ₹50304.93 Cr and a 52wk high/low of ₹1928.7 & ₹1038 respectively.
As of 25 Jul, 2024, out of 14 analysts covering the company, 2 analysts have given a Strong Sell rating, 2 analysts have given a Hold rating, 5 analysts have given a Buy rating, and 5 analysts have given a Strong Buy rating.
The consensus recommendation as of 25 Jul, 2024, was to Buy.
KPIT Technologies Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 1364.63 | 1317.8 | +3.55% | 1097.62 | +24.33% |
| Selling/ General/ Admin Expenses Total | 874.37 | 832.8 | +4.99% | 713.54 | +22.54% |
| Depreciation/ Amortization | 52.51 | 52.7 | -0.35% | 45.04 | +16.58% |
| Total Operating Expense | 1089.36 | 1097.62 | -0.75% | 928.79 | +17.29% |
| Operating Income | 275.27 | 220.18 | +25.02% | 168.84 | +63.04% |
| Net Income Before Taxes | 276.7 | 224.48 | +23.26% | 176.63 | +56.65% |
| Net Income | 204.16 | 164.35 | +24.22% | 134 | +52.36% |
| Diluted Normalized EPS | 6.4 | 6.02 | +6.31% | 4.91 | +30.35% |
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